【BlockBeats】The Louisiana State Employees’ Retirement Fund in the United States has taken new steps. This pension fund, with a size of approximately $15.6 billion, has recently increased its holdings in Bitcoin-related assets. According to the latest disclosures, they now hold 17,900 shares of a Bitcoin strategy fund company, which, based on the current price, is valued at about $3.2 million.
From the holding data, more and more traditional institutions are indirectly allocating to crypto assets through similar Bitcoin tracking funds. This approach is relatively easier to obtain internal approval for large-scale and complex pension funds. A retirement fund with over one hundred billion dollars willing to allocate to Bitcoin-related assets somewhat reflects the increasing recognition of this asset class by institutions.
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RektDetective
· 7h ago
The signals of institutional entry are becoming more and more obvious. Conservative funds like pension funds are starting to allocate to Bitcoin, indicating that the narrative is indeed shifting.
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HypotheticalLiquidator
· 7h ago
Institutional entry is the real bullish signal, and traditional finance is starting to take Bitcoin seriously.
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OffchainOracle
· 7h ago
Traditional institutions allocate BTC through fund products, which is the smartest approach. Only when more pension funds follow suit will it truly be an institutional wave.
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CafeMinor
· 7h ago
$3.2 million is just the entry point; mainstream pension funds here are quietly making their moves.
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DAOdreamer
· 7h ago
The signals of institutional entry are becoming increasingly obvious, but $3.2 million is still a drop in the bucket compared to the scale of 15.6 billion. There is still plenty of room for subsequent additions.
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LiquidityWizard
· 8h ago
$3.2 million allocation may not seem like much, but it's a breakthrough.
$15.6 billion US pension fund increases Bitcoin holdings, with a position value exceeding $3.2 million
【BlockBeats】The Louisiana State Employees’ Retirement Fund in the United States has taken new steps. This pension fund, with a size of approximately $15.6 billion, has recently increased its holdings in Bitcoin-related assets. According to the latest disclosures, they now hold 17,900 shares of a Bitcoin strategy fund company, which, based on the current price, is valued at about $3.2 million.
From the holding data, more and more traditional institutions are indirectly allocating to crypto assets through similar Bitcoin tracking funds. This approach is relatively easier to obtain internal approval for large-scale and complex pension funds. A retirement fund with over one hundred billion dollars willing to allocate to Bitcoin-related assets somewhat reflects the increasing recognition of this asset class by institutions.